Relevant and even prescient commentary on news, politics and the economy.

Public transportation needs to be part of the global warming solution

There’s a lot of attention being paid these days to EVs and solar power, but there are plenty of other ways to decarbonize human activity. Public transportation is one. I’m certainly no stranger to public transportation. I didn’t have a car in college, so when I visited my grandmother in Johnstown or my sister in […]

FTC’s Lina Khan taking on Big Business

Commentary by Robert Reich popped up today in my mailbox. It is interesting to read. Apparently, Joe Biden’s appointment to the FTC is taking on corporate entities who have great influence in their portion of the economy. Or what Angry Bear and myself would call big business monopolies. The courts agreed with FTC’s Lina Khan, […]

Credit Conditions Improved, typical of an economy coming *out* of recession

Credit conditions in Q2 improved, and are typical of an economy having come *out* of a recession, not going in to one  – by New Deal democrat The Senior Loan Officer Survey, the premier quarterly measure of the loose- or tight-ness of bank lending, was published yesterday for Q2. And since lending conditions are a […]

A grim anniversary

Today is the 75th anniversary of the Hiroshima bomb. I grew up in Oak Ridge, TN, a city that was founded in secret for the purpose of enriching uranium for atomic bombs. The Hiroshima bomb was a uranium fission atomic bomb. The idea of immolating thousands of civilians was not novel at that point. See, […]

Democrats and Maybe some Republicans in Congress Act to Rein in SCOTUS

Finally, some or most of Congress may do something to Rein in SCOTUS and the rogue Justices. The question here being can they nullify Congress’s act in some fashion. No Kings Act WASHINGTON (AP) — Senate Majority Leader Chuck Schumer introduced legislation Thursday reaffirming that presidents do not have immunity for criminal actions, an attempt […]

Gene-based therapies: opportunity vs access

The advent of CAR-T and CRISPR technologies are set to revolutionize cancer and genetic disease therapies, respectively. But with great hope comes great costs. “The Centers for Disease Control and Prevention estimates that approximately 100,000 people in the US have sickle cell disease, making it the most prevalent inherited blood disorder. Remarkably, the new gene […]

Politics & Prosecutions

by Joyce Vance Civil Discourse Tonight, the reporting is that Vice President Harris’ choice of running mate is down to Governor Josh Shapiro of Pennsylvania or Governor Tim Walz of Minnesota. Although Shapiro has a somewhat higher public profile because of his work taking on Trump and election deniers in court when he was the state’s attorney […]

Another Black Monday?

by Robert Reich What really happened today on Wall Street First, a bit of personal history. Two weeks before October 19, 1987, I warned publicly that “in two weeks, the stock market will lose 20 percent of its value.” Then, on October 19, 1987, the S&P 500 had the biggest one-day fall in its history […]